Crypto Updates

SEC Issues Wells Notice to Opensea, Alleging NFTs on the Marketplace Are Securities

SEC Issues Wells Notice to Opensea, Alleging NFTs on the Marketplace Are Securities


The U.S. Securities and Exchange Commission (SEC) has issued a Wells notice to Opensea, signaling potential enforcement action against the NFT marketplace. Opensea’s CEO criticized the SEC’s move, claiming it could negatively impact innovation and creators’ livelihoods. The platform is prepared to contest the action and has committed $5 million to support NFT creators facing […]

Click Here to Read the Full Original Article at Regulation Archives – Bitcoin News…